Labor shortage makes winter tire changes dearer
Shifting to winter tires may become more expensive this year, according to a report in business daily Világgazdaság. Employers need to raise wages to retain skilled workers, with a knock-on effect leading to higher service fees.
This year the average price for changing tires on cars will be around HUF 10,000 in Budapest, and somewhat cheaper outside the capital, Vilmos Tokaji, sales director at tire maker Continental Hungaria, told business daily Világgazdaság. This is a 20% increase compared to last year, mainly due to the ongoing labor shortage. Employers are responding to the struggle to keep skilled mechanics by raising wages, which will impact service fees, Tokaji said.
Prices of tires have also increased during the last year, as raw materials become more expensive. Typically four tires amount to HUF 80,000-100,000 for a normal car.
Tokaji recommends changing tires by mid-October. However, Hungarian car owners usually delay the shift until the weather turns cold, which results in long waits in workshops, Tokaji added.
Avg Hourly Pay Rate for Blue-collar Workers Climbs 16% in Q1
Bulgaria's Household Income, Spending Rise 20% in 2023
Job Fair and Career Prep at Corvinus Starts Tomorrow
Spago Budapest Offering Unique Sunday Brunch Experience
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
